Barrick Gold Corp. (NYSE: ABX) Barrick Gold is having an incredible day in the market. The rally is being driven by the higher prices of gold. Today, we’ll talk about why gold is climbing in value, whether or not the rally is likely to continue, and what we can expect from ABX moving forward. Why … Read more
TICKERS: ACA, AKG, ABX, BCM, FRES, G; GG, GUY, MAG; MVG, NEM, SLW, TAHO; THO, TXG, TGM Andrew Kaip, managing director of mining equity research at BMO Capital Markets, does not expect near-term higher prices for gold or silver. However, due to continuing cost cutting and other efficiencies, he argues that the senior gold producers … Read more
On Friday, in the course of current trade, Shares of Barrick Gold Corporation (NYSE:ABX), dropped -0.17%, and is now trading at $11.98. Barrick Gold Corporation, declared it has reached a contract to sell 100 percent of the Cowal mine in New South Wales, Australia to Evolution Mining for US$550 million in cash on closing. Proceeds … Read more